March 22, 2014

A voice of reason at The Vancouver Sun

From Michelle Stirling-Anosh writing at The Vancouver Sun:
Opinion: Time to rein in the climate change carbon baggers
The World Economic Forum, the International Monetary Fund and the World Bank all continue to propagate a catastrophic scenario of future climate change. Can anyone forget the IMF�s Christine Lagarde�s infamous claim at the recent World Economic Forum in Davos, Switzerland, that if we don�t take action on climate change now, future generations will be �roasted, toasted, fried and grilled?�

One would think Lagarde � a lawyer by training, a profession founded on evidence � would not mislead billions of people in this immoral way. Even the Intergovernmental Panel on Climate Change, which has overstated the impact of carbon dioxide and the effect of human factors on climate change over the past 25 years, has never stooped this low.

Even NASA and the IPCC have acknowledged there has been a 16-plus year natural pause in global warming. Climate expert Roger Pielke presented evidence of no trend in extreme weather events to the U.S. senate committee on environment and public works in July.
Follow the money:
So many roads lead to Chicago, climate change, carbon and Lagarde�s tenure at Baker and McKenzie, a Chicago law firm recognized �as one of the first global law firms to establish a climate-change practice.� U.S. President Barack Obama spent over six years as a board member of the Joyce Foundation that financed the founding of the Chicago Climate Exchange, which eventually collapsed. The Joyce Foundation also funds TIDES and other ENGOs that loudly proclaim climate terror despite no scientific evidence.

But as Fox News reported in 2010, the collapse of the Chicago Climate Exchange simply meant a strategy shift, as the Obama administration is pushing ahead with a piecemeal approach to instituting carbon taxes.

Climate carbon bagging is a lucrative business for the right people. In a power-point presentation from 2007, Baker McKenzie gave us an example: a Chinese plant sells its emissions credits; a private fund and the World Bank buy them, then resell them through �the IM process� and the World Bank, raising �$1.2 billion in 23 minutes.�

By contrast, the Financial Conduct Authority of the U.K. reported in September that not a single ordinary investor has made any money in carbon credits. Ordinary investors are not able to sell or trade carbon credits once acquired.
Being rich is fine for me but not for thee. Typical socialist effete. Posted by DaveH at March 22, 2014 4:44 PM
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